{"id":87859,"date":"2026-07-24T16:09:52","date_gmt":"2026-07-24T07:09:52","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7990-20260724-01_wp_share_cancellation\/"},"modified":"2026-07-24T16:09:52","modified_gmt":"2026-07-24T07:09:52","slug":"7990-20260724-01_wp_share_cancellation","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7990\/ir\/7990-20260724-01_wp_share_cancellation\/","title":{"rendered":"[Grove Ride] Share Buyback and Director Stock Compensation Program | August 2026"},"content":{"rendered":"<p>Grove Ride will process the disposal of 10,419 shares of treasury stock on August 21, 2026, as part of its director stock compensation program with restricted stock transfer restrictions, raising approximately 25.72 million yen. The purpose of the disposal is to enhance director incentives and sustainably increase corporate value.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7990","jir_company_name":"Grove Ride Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/7990-20260724-01.pdf","jir_short_summary":"Grove Ride will process the disposal of 10,419 shares of treasury stock on August 21, 2026, as part of its director stock compensation program with restricted stock transfer restrictions, raising approximately 25.72 million yen. The purpose of the disposal is to enhance director incentives and sustainably increase corporate value.","jir_summary":"### Disposal Overview\nGrove Ride will dispose of 10,419 shares of common stock, restricted stock, to directors and delegated executive officers on August 21, 2026. The disposal price is 2,469 yen per share, with a total amount of approximately 25.72 million yen. This is part of a program aimed at providing incentives to directors and improving corporate value. The number of shares to be disposed of is determined based on market stock prices, and the dilution rate after disposal is minimal at 0.05%. \n\n### Background and Purpose of Disposal\nThis disposal is conducted in accordance with the stock compensation program with transfer restrictions introduced in 2022, aimed at increasing incentives for directors to enhance corporate value. The program sets conditions for releasing transfer restrictions based on the directors' continuation or departure from their positions, ensuring transparency and rationality. The disposal aims to promote long-term commitment of directors while minimizing shareholder value dilution.","jir_financial_highlights":"Number of shares disposed of: 10,419 shares (Unknown)\nTotal disposal amount: 25,724,511 yen (Unknown)\nPayment price per share: 2,469 yen (Unknown)","jir_category":"","jir_hashtags":"#GroveRide, #ShareBuyback, #JapanStocks","jir_key_figures":"Number of shares disposed: 10,419 shares\nTotal disposal amount: 25,724,511 yen\nPayment price per share: 2,469 yen","jir_meta_title":"[Grove Ride] Share Disposal Based on Director Stock Compensation Program | August 2026","jir_meta_description":"Grove Ride will conduct a share disposal in August 2026 to raise approximately 25.72 million yen, providing details on the purpose and contents of the program.","jir_og_title":"[Grove Ride] Director Share Disposal | August 2026","jir_og_description":"Grove Ride will dispose of treasury stock as part of its director stock compensation program to enhance corporate value.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17408,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-87859","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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